Key Resolutions from the General Meeting of Rokiskio suris AB
The General Meeting of shareholders of Rokiskio suris AB has taken significant steps forward as part of its 2025 agenda. Here’s a breakdown of the critical resolutions that were approved:
Auditor Reports and Financial Review
Among the vital discussions was the auditor's findings regarding the consolidated financial reports and management report. The details were presented, though no official decision was made on this item. Additionally, the Audit Committee provided its report, which was endorsed by the shareholders.
Consolidated Management and Financial Reports for 2024
The shareholders reviewed the Company’s consolidated management report for 2024, which was prepared in collaboration with the auditors and approved by the Board of Directors. Although it was presented, no decisions were made concerning this agenda item.
Approval of Financial Statements
The audited consolidated and company financial statements for the year 2024 received official approval. This marks an essential step as the shareholders affirm the financial health of Rokiskio suris AB.
Profit Allocation for 2024
One of the most critical resolutions was the approval of the profit distribution for 2024. The distribution details were as follows:
1. Non-distributed profit (loss) at the beginning of the year: 82,169 kEUR
2. Dividends approved by shareholders related to 2023: (5,251) kEUR
3. Transfers to reserve for own shares purchase: (6,300) kEUR
4. Allocated for annual payments (tantiemes) for 2023: (33) kEUR
5. Non-distributed profit (loss) after dividend payout and reserve transfers: 70,585 kEUR
6. Net profit (loss) for the fiscal year: 21,302 kEUR
7. Distributable profit (loss): 91,887 kEUR
8. Mandatory reserve profit share: -
9. Other reserves profit share: -
10. Profit share for dividend payout: (6,283) kEUR
11. Profit share for annual payments to the Board and bonuses: (45) kEUR
12. Non-distributed profit at year-end: 85,559 kEUR
Hence, shareholders will receive EUR 0.20 per ordinary registered share. This totals EUR 6,283,980 for dividends.
Eligibility for Dividends
The eligibility for dividend payments extends to shareholders who are registered by the end of the tenth day following the general meeting resolution.
Approval of the Remuneration Report
The shareholders also approved the Company’s remuneration report, which is integrated within the broader management report for 2024. This reflects the ongoing efforts of Rokiskio suris AB to maintain transparent operations.
Repurchase of Own Shares
A resolution concerning the acquisition of the Company’s own shares was approved. The intent is to bolster the share price. Specific conditions include:
- The aim is to enhance the share price.
- The maximum shares purchased will not exceed 1/10 of the Company’s authorized capital.
- The acquisition period is set at 18 months from the resolution date.
- Prices for the shares will range from EUR 1.98 to a maximum of EUR 2.94.
- Sales procedures must guarantee equal opportunities for all shareholders.
The Board of Directors is authorized to oversee all related activities.
Appointment of the Company Auditor
The audit firm BDO auditas ir apskaita UAB has been selected to conduct the audits for the consolidated and separate financial statements for 2025 and 2026. The CEO has been empowered to negotiate service agreements not to exceed a total of 138,000 Euros.
Election of the Audit Committee Members
The shareholders elected three individuals for a four-year term on the Audit Committee: K?stutis Gataveckas, Vidmantas Pe?i?ra, and Dalia Zdanevi?ien?. Compensation for independent members will be determined by the Board.
Dalius Trumpa
CEO of Rokiskio suris AB
+370 458 55200
Frequently Asked Questions
What resolutions were passed during the recent shareholders' meeting?
The shareholders approved the financial statements for 2024, the profit allocation, and the auditors' appointment among other significant resolutions.
How much profit will be distributed as dividends to shareholders?
Shareholders will receive EUR 0.20 per registered share, totaling EUR 6,283,980 for dividends.
How will the profits be allocated?
The profits are allocated across various categories, including reserving for share purchases, annual payments, and remaining undistributed profits.
What is the duration of the newly elected Audit Committee members' term?
The Audit Committee members have been elected for a four-year term.
Who is the newly appointed auditor for Rokiskio suris AB?
The audit firm BDO auditas ir apskaita UAB has been appointed as the auditor for the years 2025 and 2026.
